Statutory Rules 1997   No. 631

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Financial Transaction Reports Regulations2 (Amendment)

I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Financial Transaction Reports Act 1988.

Dated 19 March 1997.

 WILLIAM DEANE

 Governor-General

By His Excellency’s Command,

DARYL WILLIAMS

Attorney-General and Minister for Justice

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1.   Commencement

1.1   These Regulations commence on 1 April 1997.

2.   Amendment

2.1   The Financial Transaction Reports Regulations are amended as set out in these Regulations.

3.   Regulation 12 (Schedule 1 to the Act)

3.1   Regulation 12, Part B, items 4 (d) and 5 (d):

Omit “entitled ‘Australian Standard Industrial Classification’, as in force on 1 July 1990.”, substitute “entitled:

 (i) ‘Australian Standard Industrial Classification’, as in force on 1 July 1990; or

 (ii) ‘Australian and New Zealand Standard Industrial Classification’, as in force on 31 March 1997.”.

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NOTES

1. Notified in the Commonwealth of Australia Gazette on 26 March 1997.

2. Statutory Rules 1990 No. 36 as amended by 1990 Nos. 162, 340 and 341; 1991 Nos. 7, 89 and 166; 1992 Nos. 90, 320 and 423.